Meeting Details
Date: Wednesday, June 17, 2026
Time: 11:00 A.M. IST
Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
Type of Meeting: Extra-Ordinary General Meeting
Proposed Resolutions and Implications
The EGM considered one special business item:
- Agenda Item 1: To consider and approve raising of funds in one or more tranches, by issuance of Equity Shares and/or other Eligible Securities (Special Resolution)
This resolution authorizes the company to raise capital through equity instruments, providing flexibility for future fundraising initiatives.
Voting Process and Methods
The voting was conducted through:
- Remote e-voting: Available for 3 days from Sunday, June 14, 2026 (09:00 A.M.) to Tuesday, June 16, 2026 (05:00 P.M.) through MUFG Intime India Private Limited
- E-voting during EGM: Available for members who had not cast their vote through remote e-voting
The company engaged MUFG Intime India Private Limited (previously known as Link Intime India Private Limited) to provide the remote e-voting facility.
Scrutinizer Appointment and Role
Ms. Nupur Gadekar, Partner at M/s. Mehta and Mehta, Practicing Company Secretaries, was appointed as Scrutinizer to scrutinize the e-voting process in a fair and transparent manner. The voting results were to be declared within the stipulated time under applicable laws and submitted to stock exchanges.
Compliance with Laws and Regulations
The meeting was conducted in compliance with:
- Companies Act, 2013 and rules framed thereunder
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Circulars issued by the Ministry of Corporate Affairs (MCA)
- Circulars issued by Securities and Exchange Board of India
Attendance and Proceedings
Directors Present:
- Mr. Naresh Shah - Whole-Time Director
- Mr. Popat Kedar - Whole-Time Director
- Mr. Girish Vanvari - Independent Director
- Ms. Preeti Mehta - Independent Director
- Ms. Divya Momaya - Independent Director
- Ms. Priyanka Yadav - Independent Director
Management Present:
- Mr. V.K. Singh - Chief Operating Officer
- Mr. Ganesh Karuppannan - Chief Financial Officer
- Mr. Sanjay Sinha - Deputy Chief Financial Officer
- Ms. Sweta Poddar - Company Secretary and Compliance Officer
Other Attendees:
- Representatives of Statutory Auditors, M/s. KKC & Associates LLP
- Secretarial Auditors, Mehta & Mehta, Company Secretaries
- Ms. Nupur Gadekar, Scrutinizer
The meeting was chaired by Mr. Akshay Bansarilal Arora, Chairman of the Company. After confirming quorum, the Company Secretary called the meeting to order at 11:00 AM. The notice convening the EGM was taken as read. Members who registered as speakers were invited to ask questions, which were addressed satisfactorily.
The meeting concluded at 11:29 AM IST, including time allowed for e-voting during the EGM.